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Lawrence 01843 Colonial Heights
3 Cutler Street
$183,500
● House - Off Market

3 Cutler Street

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,165 Ft²
$458,765
RealtyHop Estimate
143.38%
Since Jan 1, 2003
National-US
Primary Model

About This Property

COLONIAL HEIGHTS NEIGHBORHOOD. DORMERED 3 BR CAPE ON NICE LEVEL LOT. 3SEASON PORCH, HW FLRS, APPLIANCES STAY, VINYL WINDOWS,C-AIR(NOT WORKING) GREAT FIRST TIME HOME BUYER EASY ACCESS TO I 495, CLOSE TO SCHOOLS AND SHOPPING
Unit Size
1,165 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$162
Property Type
House
Property Taxes
$127
HOA Dues
-
Year Built
1947

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #30641759)

Price History

Date / Event Date Event Price
Oct 30, 2020 Sold
Premium
Sold
Sep 10, 2020 Listed by Selma's Real Estate LLC $389,900
Listed by Selma's Real Estate LLC
Dec 16, 2002 Sold
Premium
Sold
Sep 3, 2002 Listed by Selma's Real Estate LLC $188,500
Listed by Selma's Real Estate LLC
COLONIAL HEIGHTS NEIGHBORHOOD. DORMERED 3 BR CAPE ON NICE LEVEL LOT. 3SEASON PORCH, HW FLRS, APPLIANCES STAY, VINYL WINDOWS,C-AIR(NOT WORKING) GREAT FIRST TIME HOME BUYER EASY ACCESS TO I 495, CLOSE TO SCHOOLS AND SHOPPING

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,610
  • Total Building Area: 1,242
  • Gross Building Area: 2,213
  • Building Area: 1,242
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,242
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 20231A
  • Land Acres: 0000000129
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lawrence School District
  • School Tax School District: LAWRENCE SD
  • Census Tract: 251700

Geography

  • Account Number: 57 0000 0068 A
  • Parcel: LAWR M:0057 B:0000 L:0068
  • Lot: 68
  • Municipality: LAWRENCE
  • Latitude: 42.6867
  • Longitude: -71.1475

    Address

  • Full Address: 3 Cutler St
  • Address - House Number: 3
  • Address - Street Name: Cutler
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C046
  • 4-Digit Zip Code: 3730
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $407,200

    Appraisal Valuation

  • Standard Deviation: 0.162
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 533,653
  • High Value: 627,535
  • Low Value: 439,771

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $440,200
  • Assessed Land Value: $115,700
  • Assessed Improvements Value: $324,500

    Sales

  • Current Sale Contract Date: Oct 29, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 123367
  • Previous Sale Recording Date: Oct 24, 2013
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Colonial Heights

Stats & Trends

Median Asking:

$532,450

Sale Price/ft²

$418

Above Asking

0.00%

Average Days on Market

43

Average Home Size

1088 ft²

Average Home Age

45 years

Currently For Sale

1 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 30641759

Frequently Asked Questions

When was property at 3 Cutler Street built and last sold?
The property at 3 Cutler Street was built in 1947 and last sold on Oct 29, 2020 for $420,000.
How much is this home worth?
The estimated value of the home located at 3 Cutler Street is $397,176.
What are some comparable homes to 3 Cutler Street?
There are currently no comparable homes to 3 Cutler Street.
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